Sentences with phrase «duty on the adviser»

Not exact matches

Any adviser that makes a recommendation based on technical analysis will have a hard time making a straight - faced argument to clients (or a court) that they fulfilled their fiduciary duties.

This paper seeks to highlight how these two standards differ in terms of the legal requirements and duties imposed on advisers and brokers.

Ex-Officer Is First in C.I.A. to Face Prison for a Leak It was a duty to leak and embarrass Bush, but you'll go away if you leak on Obama Net job gain under Obama: 28,000 The economy is getting better, yeah right Obama's inaugural committee on the receiving end of transparency complaints A little late Gov. Deval Patrick: Rep. Barney Frank would make a «great interim senator» for Massachusetts Top Deval adviser no fan of Barney Frank's Senate bid Even in Massachusetts there are some that believe enough is enough That's hypocritic - Al We all know Al Gore likes all things green.

He took on additional teaching and administrative duties, serving as senior adviser, and later collegiate master, for teaching biological sciences to undergraduate students.

[A] ll communications between a solicitor and his client relating to a transaction in which the solicitor has been instructed for the purpose of obtaining legal advice will be privileged, notwithstanding that they do not contain advice on matters of law or construction, provided that they are directly related to the performance by the solicitor of his professional duty as legal adviser of his client.

While accepting that whether the material came from external experts is plainly relevant, Richards LJ refused to accept any general principle either that disclosure of advice obtained from an outside adviser is required (see R v Secretary of State for Health, ex parte United States Tobacco International [1992] 1 QB 353), or that there is no duty to disclose and invite comment on internal advice (see Bushell v Secretary of State for the Environment [1981] AC 75 and R v Secretary of State for Education, ex parte S [1995] ELR 71).

The law imposes «fiduciary» duties on people occupying positions of trust, including directors, partners, agents, brokers, legal and financial advisers, and many others.

The contract negotiations and advisory work for such clients quite often relate to provisions around contractual obligations and the duties of investment managers, advisers, sponsors, service providers or distributors of investment products or investment arrangements, and on appropriate information and risk disclosures to investors.

In its decision in the 2009 HudBay proceedings, the Ontario Securities Commission noted that an adviser's success - based compensation may adversely affect the ability of a board to rely on financial advice: «a fairness opinion prepared by a financial adviser who is being paid a signing fee or a success fee does not assist directors comprising a special committee of independent directors in demonstrating the due care they have taken in complying with their fiduciary duties in approving a transaction.»

Federal action was required to explicitly enforce what reasonable people would think is obvious: Financial advisers should give advice based on what's in your best interest, or what the industry calls a fiduciary duty.